The Hong Kong Securities and Futures Commission (SFC) has issued a “suspicious” warning about one of the leading exchanges in the cryptocurrency market.
SFC, Friday, March 15 updated the list of “suspicious cryptocurrency exchanges” on . Cryptocurrency exchange after the update of MEXC It was seen that it was added to this list.
regulatory body on March 14 In another update Bybit He stated that he was operating in the country without a license. These successive warnings were interpreted as an open call to the stock markets. SFC, if unlicensed activities continue will not hesitate to impose sanctions stated:
The SFC will not hesitate to take enforcement action against unlicensed platforms where appropriate.
Hong Kong, last year june In June, it started accepting applications for crypto companies to obtain licenses to operate in the region.
In October last year, of Germany financial markets regulator BaFinwarned that cryptocurrency exchange MEXC was operating without authorization and legal registration.